Gambling – A Tryst With Lady Luck

A mother had finished dressing up her 2 daughters for school by 5 in the morning. After this, she’ll head for the casino for a dose of some gambling activity.

Does it sound like a too absurd to be real situation? Think again

Today, gambling looks like a day to day activity that people overlook too easily. But, they do not realize the potential harm being caused to their lives due to gambling.

Usually, gambling also known as betting is a type of game that involves valuables and money being put at risk. All the valuables or money are at a risk as the chances of wining is really low or is completely dependent on chance. But, you can always use some kind of evil ways to win, but still you can never be completely sure of winning the game.

Gambling are of many forms: 1 of the types is beatable while the other is unbeatable.

The games that can easily be trampled hence creating a numerical positive probability through use of strategy are called as beatable games. A few of them are poker, although it can be classified as game requiring skill; Pai Gow poker, Tiles, video poker, slot machines, horse racing, sports bets.

If none of the strategies in the game helps the player to win the game, then it becomes an unbeatable game. Some common examples on these types are baccarat, roulette, keno, slot machines, craps, casino war, pachinko, faro, 3card poker, 4 card poker, pyramid poker, red dog, Spanish 21, Caribbean stud poker.

Both unbeatable gambling and beatable gambling can be found at the casinos. There are still many more gambling games that aren’t being played in the casinos like mahjong, backgammon, lottery, coin tossing games like head and tail, a few carnival games such as Hanky Pank and The Razzle.

Another type of gambling game is the fixed odds gambling which can be seen in events such as football, hors racing, tennis, baseball, golf and many other sports that entice hundreds of people on betting on the winning team.

Still the same, these are all different types of gambling which does not have a chance of having continuous wins.

In gambling, the people generally try to get back what and all they lost during the course of the game. A few people continue to play the game having a belief that they shouldn’t cut the monotony of their luck. By doing this, they keep betting and end up placing them selves at a risk of having a loss rather than a gain.

Many people who play gambling claim that they play just for pleasure or for a recreation. Many others say that they play it to earn some money and gambling is a really easy way to do earn money.

Since gambling involves a lot of types of mental activity, along with stress and mentality of winner, it is possible to become addicted to the game. In the future, it may affect the person who is involved in the game of gambling.

With all these psychedelic effects due to gambling, a few people even engage in betting whether a statement is false or true, or whether an event will take place at a particular time with another person. This happens generally on situations where 2 people debate against each other with strong views against each other. Generally, The 2 people place bets for money or for fun just to make their point on a certain issue.

Due to the bad effects of gambling, many legal jurisdictions decide not to legalize the gambling activities. Due to this, all contracts that have led to debts because of any gambling activity are taken as unenforceable by law.

This is the reason gambling is a risky activity. People who gamble merely do not understand the harm of gambling to them.

As told, never put good money just after bad money. If by any chance you are involved in gambling, stop immediately to avid any loss on your side.

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4 Benefits Of Gambling

Why gamble and why don’t?

Most people are unhappy about being labeled as gamblers since the disgrace would forever harass them. People have several reasons regarding the sport of gambling. Few gamble for fun, some to forget problems, another few to just pass the time. There are people who gamble seriously and there are others who are simply addicted to gambling.

Gambling is not all that downbeat, if you realize that there certain untapped benefits from gambling which are not very visible and are beyond the race track or the walls of casino or even bingo social hall.

Employment

The employment ratio attributed to the existence of casinos in Las Vegas is around 60 percent. One would not be able to perceive the situation if the casinos suddenly stopped functioning.

Entertainment

Gambling is no doubt the essence of entertainment provided people limit themselves and sprinkle discipline within them. Some people are too optimistic about recovering all their lost cards in the next game and hence continue the game. These constitute hardly a quarter of the gambling population who are not responsible enough and get into indecent gambling.

However there is the other 75 percent of population who gamble responsibly. They are those who know the entertainment value of gambling and never get into opinions where they are blinded to make huge money the very first time they hit the card!

It is a sad fact that only a very minor portion of gamblers realize how destructive gambling can ever get. It is true that friends, families, jobs, properties, crime etc saturate the destruction brought by gambling when there is no application of self discipline.

Charity Work

The winnings coming from gambling tricks and activities have donated the much required financial resource for every worthy cause. Lotteries and Bingos are being utilized in many cases in a way that every win contributes a percentage of jackpot reward to various charity institutions.

At times celebrities manifest their competence in different games such as the card game of poker in a way that the audience is entertained and the winnings go towards the charitable organizations they represent.

Health benefits

Studies have revealed that population which is 65 years or older who gamble have considerably fewer reports of health issues be it depression, alcoholism or bankruptcy. They find gambling very therapeutic as in a way it keeps them alert by exercising their mind.

Retiree gamblers are most often recreational gamblers who value the entertainment quotient of gambling. It was concluded that they stay healthy because they begin by being healthy and not because of gambling.

To conclude, it is not just the act of gambling that develops as harmful or beneficial to any individual. It is but the resolution of the individual which would help him rule excessive gambling rather than excessive gambling ruling up on him.

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